LivingSocial Said to Weigh Funding at $6 Billion Instead of IPO

LivingSocial may raise more than $200 million in funding that would give it a valuation of as much as $6 billion, rather than proceeding toward an initial public offering, people with knowledge of the matter said.

The proposed funding round may include both equity and debt, said two people, who asked not to be identified because the talks were private. JPMorgan Chase & Co. is acting as an adviser in the deliberations, they said.